Real Estate Investing in Tennessee

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

130 counties • 498 cities • Landlord Friendliness: 5/5

3.0/ 5

Investability

Top ZIPs average

4.0/ 5

Appreciation

7.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Landlord Friendliness: Tennessee

★ ★ ★ ★ ★ 5/5
Eviction Speed Moderate 14 days
Rent Control No rent control (prohibited)
Security Deposit No limit

📊 Tennessee Market Overview

Median Home Value $327,001
1-Year CAGR -0.2%
5-Year CAGR +7.7%
10-Year CAGR +7.7%

Investing in Tennessee Real Estate

Tennessee is one of the states where screen data understates the risk. A aggregate and a 0.0% 5-year CAGR warn what the glossy brochures don't.

Rent trends across Tennessee have been soft, and price trends have been mixed — a combination that compresses realized returns well below headline cap rates.

The regulatory environment in Tennessee isn't unusually hostile, but in distressed conditions the ordinary costs of compliance and enforcement compound in ways that screen data doesn't capture.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Free to search · investor plans from $19/mo
Avg Home Value $327,001
Cities Tracked 498
ZIP Codes 685

Market Trends — Tennessee

Statewide Home Value History

$345K$300K$254K$209K$164K$119KNov 2005Nov 2015Oct 2025

Statewide Rent History

$1,726$1,580$1,435$1,289$1,144$998Jun 2016Jun 2021Jun 2026

Top ZIP Codes in Tennessee

37013 Nashville $359,532 ★ ★ ★ ★ ★ 37042 Clarksville $295,113 ★ ★ ★ ★ ★ 37211 Nashville $399,521 ★ ★ ★ ★ ★ 37128 Murfreesboro $446,937 ★ ★ ★ ★ ★ 37075 Hendersonville $520,806 ★ ★ ★ ★ ★ 38401 Columbia $377,149 ★ ★ ★ ★ ★ 37064 Franklin $912,331 ★ ★ ★ ★ ★ 37122 Mount Juliet $578,309 ★ ★ ★ ★ ★ 37167 Smyrna $407,396 ★ ★ ★ ★ ★ 37066 Gallatin $444,495 ★ ★ ★ ★ ★ 37040 Clarksville $308,250 ★ ★ ★ ★ ★ 37027 Brentwood $1,241,581 ★ ★ ★ ★ ★

🎓 Education in Tennessee

🏫 Top K-12 Schools

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🎓 Top Colleges & Universities

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📊 Explore More for Tennessee

🏠 Landlord-Friendly States 💰 Lowest Property Tax States 📈 Best States for Investing 💼 Career Paths & Salaries 📚 Degree Programs 🎓 Tennessee Colleges

Counties in Tennessee

Shelby County (32 ZIPs) Davidson County (25 ZIPs) Knox County (22 ZIPs) Hamilton County (25 ZIPs) Rutherford County (12 ZIPs) Williamson County (9 ZIPs) Montgomery County (9 ZIPs) Sumner County (8 ZIPs) Sullivan County (8 ZIPs) Wilson County (4 ZIPs) Washington County (7 ZIPs) Maury County (7 ZIPs) Blount County (10 ZIPs) Bradley County (5 ZIPs) Madison County (8 ZIPs) Putnam County (6 ZIPs) Anderson County (7 ZIPs) Robertson County (6 ZIPs) Hamblen County (4 ZIPs) Coffee County (5 ZIPs) Loudon County (5 ZIPs) Greene County (6 ZIPs) Hawkins County (8 ZIPs) Cumberland County (5 ZIPs) Sevier County (4 ZIPs) Tipton County (6 ZIPs) Gibson County (7 ZIPs) Dickson County (5 ZIPs) McMinn County (6 ZIPs) Monroe County (4 ZIPs)

100 more counties available

Major Cities in Tennessee

Nashville (29 ZIPs) Memphis (28 ZIPs) Knoxville (33 ZIPs) Murfreesboro (5 ZIPs) Clarksville (3 ZIPs) Chattanooga (14 ZIPs) Franklin (3 ZIPs) Cleveland (6 ZIPs) Johnson City (8 ZIPs) Jackson (6 ZIPs) Maryville (3 ZIPs) Kingsport (4 ZIPs) Lebanon (2 ZIPs) Cookeville (4 ZIPs) Hendersonville (1 ZIPs) Columbia (1 ZIPs) Mount Juliet (1 ZIPs) Smyrna (1 ZIPs) Gallatin (1 ZIPs) Brentwood (1 ZIPs) Crossville (4 ZIPs) Collierville (1 ZIPs) Morristown (4 ZIPs) Bartlett (2 ZIPs) Spring Hill (1 ZIPs) Hixson (1 ZIPs) Greeneville (2 ZIPs) Cordova (1 ZIPs) Lakeland (1 ZIPs) Red Bank (2 ZIPs) Germantown (2 ZIPs) Ooltewah (1 ZIPs) Shelbyville (2 ZIPs) Bristol (1 ZIPs) La Vergne (1 ZIPs) McMinnville (1 ZIPs) Elizabethton (1 ZIPs) Sevierville (1 ZIPs) Oak Ridge (1 ZIPs) Goodlettsville (1 ZIPs)

458 more cities available

Don’t scroll every ZIP in this state by hand — filter the whole state by cap rate, vacancy and appreciation with Pro Search ($19/mo), and get a weekly alert when your shortlist moves (Investor Pro+). See plans →

Not planning to self-manage? We list 43 property management companies in Tennessee — searchable by county, with focus and specialties. Browse property managers →

Popular Neighborhoods in Tennessee

Bartlett Country Bartlett (2 ZIPs) Bartlett Estates Bartlett (2 ZIPs) Bartlett Ridge Bartlett (2 ZIPs) Bartlett Woodlands East Bartlett (2 ZIPs) Bartlett Woods Bartlett (2 ZIPs) Bluffs of Winding Oaks Bartlett (2 ZIPs) Cherry Valley Bartlett (2 ZIPs) Country Meadows Bartlett (2 ZIPs) Davies Plantation Bartlett (2 ZIPs) Daybreak Bartlett (2 ZIPs) East Hampton Bartlett (2 ZIPs) Easthill Bartlett (2 ZIPs) Ellendale Bartlett (2 ZIPs) Elmore Park Bartlett (2 ZIPs) Gailyn Manor Estates Bartlett (2 ZIPs) Garden Meadows Bartlett (2 ZIPs) Historic Bartlett Bartlett (2 ZIPs) Hunter's Walk Bartlett (2 ZIPs) Oak Road Estates Bartlett (2 ZIPs) Oak Road Meadows Bartlett (2 ZIPs) Poet/Old Bartlett Park Bartlett (2 ZIPs) Ravencrest Bartlett (2 ZIPs) Rivercrest Bartlett (2 ZIPs) Rockyford Bartlett (2 ZIPs) Windsor Valley Bartlett (2 ZIPs)

Frequently Asked Questions About Tennessee Real Estate

How high is vacancy risk in, TN?

Vacancy in, TN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at.

How much rent can I charge in, TN?

Average rent in, TN is approximately per month. Against $327K home values that yields a reasonable rent-to-price ratio.

How do home values compare in, TN?

Median home price in, TN is near $327K, with a 5-year CAGR of 0.0%. Prices have been even-keeled and supportive of buy-and-hold strategies.

Is rental property easy to operate in, TN?

TN law landlord-friendly for landlords, and inherits those rules. Investors should still review local ordinances for rental licensing.

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